None of us has ever lived through a genuine industrial revolution. Until now.Digital technology is transforming every corner of the economy, fundamentally altering the way things are done, who does them, and what they earn for their efforts. In The Wealth of Humans, Economist editor Ryan Avent brings up-to-the-minute research and reporting to bear on the major economic question of our time: can the modern world manage technological changes every bit as disruptive a...

'Ryan Avent is a superb writer ... highly readable and lively' Thomas PikettyTo work is human. It puts food on the table, meaningfully structures our days, and strengthens our social ties. When work works, it provides the basis for a stable social order.Yet the world of work is changing fast, and in unexpected ways. With rapid advances in information technology, huge swathes of the job market - from cleaners and drivers to journalists and doctors - are bein...

How a society’s capacity for belief forms the foundation of its successDo you struggle to find reasons to feel optimistic about the future? Are you trying to understand the creeping institutional dysfunction we see the world over? In this book, Ryan Avent explores how an unswerving confidence in systems of liberal democracy and free market capitalism—which he terms the “Modern Faith”—has left many Western countries struggling to deal with democratic backsliding and...

National BestsellerBill Morneau’s experience as Canada’s finance minister crystalized his vision for the country’s potential for growth and prosperity. Where To from Here looks backward with coolness and candor and forward with a fresh vision of all that Canada can — and must — become.Much of the world reacted with surprise and admiration to the results of the 2015 Canadian federal election and the makeup of the government it produ...

The neo-liberalism that dominated economic thinking since the advent of Thatcher and Reagan is now seen to have serious flaws. Progressive Capitalism seeks to replace it with a new Progressive political economy, based on an analysis of why the growth rates of countries differ, and what firms have to do to achieve competitive advantage in today's global economy. The cornerstone of the political economy of Progressive Capitalism is a belief in capitalism. But it also incorporates the three d...

Countries worldwide are struggling to imitate the industrial prowess of the East Asian pacesetters, but growth accelerations have proven remarkably transient. Building a portfolio of tradable goods and services and steadily raising the level of investment in these activities, has generally defied the best policy efforts - in particular, bringing investment ratios on par with East Asian averages has presented the greatest challenge. Hence the search is on for growth recipes not so tightly boun...

What Globalization Now Means for Your BusinessExecutives can no longer base their strategies on the assumption that globalization will continue to advance steadily. But how should they respond to the growing pressures against globalization? And what can businesses do to control their destinies in these times of uncertainty?In The New Global Road Map, Pankaj Ghemawat separates fact from fiction by giving readers a better understanding of the key tre...

Two professors look at the mystique around universities and the consequences of “credentialism.”For decades, we have promoted the idea that a university degree is a passport to future career success. Ken Coates and Bill Morrison argue that the over-promotion of higher education and university degrees is actually undermining the lives of young people, saddling them with enormous debts, and costing governments huge amounts of money.As the young flock to unive...

For decades, the idea that more education will lead to greater individual and national prosperity has been a cornerstone of developed economies. Indeed, it is almost universally believed that college diplomas give Americans and Europeans a competitive advantage in the global knowledge wars. Challenging this conventional wisdom, The Global Auction forces us to reconsider our deeply held and mistaken views about how the global economy really works and how to thrive in it. Drawing on...

If there is an X PRIZE for collaborative thought leadership of the social ecosystem, this book would get it.Dr. Peter H. DiamandisChairman and CEO, X PRIZE FoundationThe World that Changes the World is thought leadership at its best—envisioning the future through reflection and analysis of past trends and contemporary challenges.Senator the Hon. Ursula StephensAustralian Parliamentary Secretary for Social Inclus...

The spread of capitalism worldwide has made people wealthier than ever before. But capitalism’s future is far from assured. The global financial meltdown of 2008 nearly produced a great depression. Economies in Europe are still teetering. Income inequality, resource depletion, mass migrations from poor to rich countries, religious fundamentalism-these are just a few of the threats to continuing prosperity.How can capitalism be sustained? And who should spearhead the effort? Critics...

Do we have the rights to optimism? Can capitalism deliver a next great wave of growth? The future, wrote William Gibson, is already here. It just isn't evenly distributed yet. Lucid and polemical, Turnaround Challenge is a dig into that future and its meaning for business. It dissects the nexus of social, economic, environmental and governance crises confronting us, and a series of colliding megatrends with the potential to reshape opportunities for growth. Three...